Target is reorganizing its strategy team, a group that helps the company set priorities, Bloomberg reported Wednesday (July 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Consumer credit rarely moves in a straight line, and May’s Federal Reserve data offered a reminder that one month’s pause can support more than one interpretation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Meta launched Muse Image, the first artificial intelligence image model from Meta Superintelligence Labs. The feature drew immediate pushback because anyone can generate an image of another person by tagging their public Instagram username in a prompt, and public accounts are included by default unless...
A division of the Securities and Exchange Commission told UBS Group Wednesday (July 8) that it will not recommend that the regulator undertake enforcement action against an exchange of securities ordered by the Swiss Financial Market Supervisory Authority (FINMA). Get the Full Story Complete the...
Europe just stood up financial services’ newest compliance perimeter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
A federal judge on Tuesday (July 7) denied Kalshi’s request for a preliminary injunction to block New York from enforcing its gambling laws against the company’s prediction markets platform, Reuters reported Wednesday (July 8). Get the Full Story Complete the form to unlock this article...
Prime Intellect raised $130 million in a Series A funding round to scale its tech stack and target new problems with its “open superintelligence stack.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
For two decades, buying enterprise software meant accepting a vendor’s feature set, paying per seat and hiring specialists to manage the platform. For small businesses, that model often meant paying for capabilities they never used. AI coding tools are changing that calculation. Get the Full...
More than a year after the first tariffs of the current Trump administration were implemented, about half of companies are still raising prices to pass through those costs to consumers, New York Fed economists wrote in a Wednesday (July 8) blog post. Get the Full...
